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Salesforce.com (CRM) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates
ZACKS· 2025-02-26 23:30
Core Insights - Salesforce.com reported $9.99 billion in revenue for the quarter ended January 2025, marking a year-over-year increase of 7.6% and an EPS of $2.78 compared to $2.29 a year ago, with a slight revenue miss against the Zacks Consensus Estimate of $10.02 billion, resulting in a surprise of -0.29% [1] - The company delivered an EPS surprise of +6.92%, with the consensus EPS estimate being $2.60 [1] Financial Performance Metrics - Remaining performance obligation (RPO) - Current: $30.2 billion versus the estimated $30.09 billion [4] - Remaining performance obligation (RPO) - Total: $63.4 billion compared to the average estimate of $63.06 billion [4] - Remaining performance obligation (RPO) - Noncurrent: $33.2 billion versus the average estimate of $32.47 billion [4] Geographic Revenue Breakdown - Revenue from the Americas: $6.66 billion, below the average estimate of $7.33 billion, with a year-over-year change of +7.8% [4] - Revenue from Asia Pacific: $999 million, exceeding the average estimate of $969.51 million, with a year-over-year change of +10.3% [4] - Revenue from Europe: $2.33 billion, significantly above the average estimate of $1.69 billion, with a year-over-year change of +5.9% [4] Revenue by Segment - Revenue from Professional services and other: $542 million, above the average estimate of $515.09 million, with a year-over-year change of +0.6% [4] - Revenue from Subscription and support: $9.45 billion, slightly above the average estimate of $9.44 billion, with a year-over-year change of +8% [4] - Revenue from Subscription and support - Service: $2.33 billion, slightly below the average estimate of $2.36 billion, with a year-over-year change of +7.8% [4] - Revenue from Subscription and support - Marketing and Commerce: $1.36 billion, slightly below the average estimate of $1.37 billion, with a year-over-year change of +6.5% [4] - Revenue from Subscription and support - Platform and Other: $1.92 billion, above the average estimate of $1.86 billion, with a year-over-year change of +11.5% [4] - Revenue from Subscription and support - Integration and Analytics: $1.72 billion, below the average estimate of $1.76 billion [4] Stock Performance - Salesforce.com shares have returned -15% over the past month, compared to the Zacks S&P 500 composite's -2.3% change, with a current Zacks Rank 3 (Hold) indicating potential performance in line with the broader market [3]